Senior Manager, Group Compliance

About Razorpay:

Razorpay was founded by Harshil Mathur and Shashank Kumar in 2015. Razorpay is building a new-age digital banking hub (Neobank) for businesses in India. Our mission is to enable frictionless banking and payments experiences for businesses of all shapes and sizes. We started out as a B2B payments company and today, we process billions of dollars of payments for lakhs of businesses across India. We are the leading payments provider in the country and have been the first to bring to market the most major innovations in the past 6 years. Razorpay enables businesses to accept, process, and disburse payments at scale.

Razorpay currently processes multi-billion USD payments on an annualized basis, touching 200Mn+ end customers through top clients like Airtel, Goibibo, Yatra, Ola, Swiggy, Zomato, Cred etc. We architect systems for the scale of not just one segment leader but 1000s put together. With more than a lakh clients, you would have definitely made a payment through Razorpay if you live in India. With the launch of RazorpayX, the company aims to become a leading provider of banking and payout products to businesses covering the gamut of current account, payroll, vendor payouts and many others. Over the past year, the company has disbursed loans worth millions of dollars in loans to thousands of businesses.

The company has raised USD $700M+ in funding till date from marquee investors like GIC, Sequoia Capital, Tiger Global, Ribbit Capital, Matrix Partners and many stellar angels.

Our products:

The Razorpay Product Suite today comprises verticals, along with Payment Gateway,

like Payment Links, Payment Pages, Subscriptions, Smart Collect, Route, Razorpay

Capital, RazorpayX, and Payroll.

Payment Gateway:

accept, process, and disburse payments within its product suite.

The platform provides your business with access to payments via many modes such as credit card,debit card, Netbanking, UPI, and popular wallets. Companies are also able to monitor real-time data performance and insights to make informed business decisions.

Read more at these places: https://razorpay.com/payment-gateway/

RazorpayX:

Read more at these places: https://razorpay.com/blog/what-is-a-neobank/ ,

https://razorpay.com/blog/category/business-banking/

Razorpay Capital:

Read more at these places: https://razorpay.com/capital/

Roles & Responsibilities:-

• Ensure adherence to all applicable laws, regulations and internal policies.
• Formulate project plans that would ensure compliance to all RBI , NPCI and network guidelines.
• Work closely with various stakeholders from Business and Product to ensure these regulatory requirements are clearly understood and implemented..
• Keep abreast of all regulatory developments and provide guidance to leadership on its interpretation and implementation
• Help drive International compliance charter in terms of obtaining licences in new geographies and ensuring compliance post licences.
• Strong knowledge of NPCI, RBI standards and guidelines.
• Exposure to handling regulatory inspections and audits would be added advantage
• Filing new payment licence applications with Regulators across the globe

Skills & competencies:

• Applicants should have 10+ years of relevant experience, with a strong background in compliance , regulatory issue validation, and auditing principles
• The role requires a deep understanding of laws, rules, specific regulatory requirements, as well as the ability to build strong relationships with stakeholder
• The ideal candidate will be a self-starter, flexible, innovative, and adaptive, with advanced analytical skills
• The position demands a high level of interpersonal skills, the ability to work both independently and collaboratively, and a proactive approach to communicating and managing issues
• In-depth experience in the Payments sector in India,
• Exposure to SEA compliance (would be an added advantage)